Participants in TRS' Tax-Deferred Annuity (TDA) Program benefit from two sources of income at retirement: their guaranteed pension (through our Qualified Pension Plan), plus their TDA funds to draw on. TDA participants who start investing early can fully realize the power of compounding on their investments.

2020年9月29日 · A tax-deferred annuity (TDA), commonly referred to as a tax-sheltered annuity (TSA) plan or a 403(b) retirement plan, is a retirement savings plan available to employees of certain public education organizations, non-profit organizations, cooperative hospital service organizations and self-employed ministers.

What is a tax-deferred annuity plan? A tax-deferred annuity (TDA) plan is a type of retirement plan designed to complement your employer’s base retirement plan. Sometimes, a TDA plan is also referred to as a voluntary savings plan, a supplemental plan, a tax-sheltered annuity (TSA) or simply a 403(b) plan.

TRS’ Tax-Deferred Annuity (TDA) Program is a simple and powerful way to save additional money for your retirement. By investing part of your paycheck—even a small percentage—you take an important step toward funding your retirement years.

When you retire, you have three choices for handling your money in your Tax-Deferred Annuity: 1) Defer; 2) Convert your TDA into a monthly annuity; or 3) Withdraw all the funds. Most TRS and BERS members elect TDA deferral status.

The Tax-Deferred Annuity program (TDA) is a voluntary defined-contribution plan that supplements your pension or retirement allowance. Your TDA account is funded exclusively through your own contributions and any interest/investment return. Contributing to a TDA is important for long-term financial health.

Authorized by Section 403(b) of the Internal Revenue Code, the TDA Program gives you important tax incentives to save for retirement. Not only does a TDA supplement your Social Security benefits and your pension, it also establishes a pool of tax-deferred assets for you.

Rather than cut back on your needs, we encourage you to increase your retirement income today by joining or increasing your contributions to the BERS Tax Deferred Annuity Program (TDA), authorized under section 403 (b) of the Internal Revenue Code.

TDA Program is a retirement program established in 1977 and is only available to NYC Health + Hospitals employees. This 403(b) program gives you the opportunity to save for retirement on a tax-deferred basis.

Started in 1970, the Tax-Deferred Annuity is among the most popular benefits TRS offers members, with more than 75% of in-service and retired members participating. The TDA program is a Section 403(b) plan. You will not pay New York State or New York City taxes on your contributions or earnings until you withdraw your funds.